The price of Solana (SOL) has increased by 4.09% since yesterday. On the hourly chart, traders should pay attention to the daily bar's closure in terms of the $141.03 level. If it happens above it, the upward move is likely to continue to the $145 mark tomorrow.

From the midterm point of view, the picture is less positive. The rate of SOL is far from the resistance of $162, which means it is too early to think about a fast reversal. If sellers' pressure continues and the price reaches the $130 mark, the energy might be enough for a move to the support level of $116. SOL is trading at $142 at press time.